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Which pieces of information gives the strongest evidence

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Reference no: EM132713098

Problem 1: Which of the following pieces of information gives the strongest evidence that availability of IRAs increases personal saving?

a) IRA depositors in a given year tend to have slower consumption growth than similar people who deposited in IRAs before, but not that year.
b) IRA depositors have more saving, on average, than people with similar income, education and family characteristics who have not deposited in IRAs.
c) The wealth of IRA depositors tends to grow faster than wealth of nondepositors.
d) After caps on IRA contributions were increased in the early 1980s, total personal savings rose.

Reference no: EM132713098

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